Any suggestions for improvement/clarification are appreciated and can be mentioned in the GoodDollar Community Telegram Group at: https://t.me/GoodDollarX
The purpose of this guide is to explain how to set up a Metamask wallet, so afterwords you can export your GoodDollar wallet.
If you already have a Metamask and you want to export your GoodDollar wallet check out this guide 👉 Export you GoodDollar UBI address to Metamask Wallet
First, you will need the MetaMask mobile app; the best and safest way to get it is through the Google Play Store or Apple Store, depending on your mobile’s operating system.
Once successfully installed, launch the MetaMask app, then tap “Get started” to initiate the wallet setup process.
Since this is your first time creating the MetaMask wallet, tap “Create a new wallet“.
On this next page, you will be asked about collecting your data for improvement purposes. If you are concerned about your privacy, tap “No Thanks“; otherwise, if you are comfortable about your data being collected, tap “I Agree“.
Next, you’ll be on a 3-step process to create your MetaMask wallet. First, enter a new password, and then confirm the password. This password will be used for unlocking the MetaMask app on your mobile phone. Next, check the box below and tap “Create password“.
Now, technically, your Metamask wallet on Ethereum Network has been created. It’s time to ensure that it is secure and only accessible to you. Tap “Start” to begin securing your wallet.
After tapping Start, this (screenshot below) is what you will see, and the next page will be a very important one, so pay close attention. When you tap on the Start button below, you will be given a set of “Security Recovery Phrases,” and they are of extreme importance; you will need them to recover your funds if anything happens to your phone. Take out a piece of paper, write them down, and keep them somewhere safe. Now, tap the Start button to begin.
Make sure no one is looking at your screen; tap View.
You will be presented with a set of 12 words in a specific order. This are your Secret Recovery Phrase (or Seed Phrase). The recovery phrase contains 12 words in a specific order. Write them down on a piece of paper and save them in a safe place.
<aside> 🤔 Why is the recovery phrase or seed phrase important? It’s a backup way to enter your MetaMask wallet. You can use it to access your wallet when you're away from your local device. It gives you access to your funds if you forget your password.
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Next, you will be asked to re-organize the words back to their original order. This is to ensure that you’ve got them recorded down correctly. Once you are done, tap “Complete Backup”
This next page indicates that you’ve got everything right, pat yourself on the back, then tap “Done“. .